News
2013Budget: Nigerians Hail High Education Vote
Stakeholders in the education sector yesterday lauded President Goodluck Jonathan for giving the sector the highest budgetary allocation in the 2013 Appropriation Bill presented on Wednesday.
Jonathan had proposed a N4.9 trillion budget to the joint session of the National Assembly for approval.
The proposal allotted N426.5 billion to education while defence came second with N348.9 billion and the police had the third highest share of N319 billion.
A former Minister of Education, Mrs Chinwe Obaji, told newsmen that the move was “a right step in the right direction’’.
She, however, called for effective measures in monitoring the use of the funds.
Also speaking, Prof. Ukachukwu Awuzie, immediate past President, Academic Staff Union of Universities (ASUU), expressed the hope that the education vote, if approved, would turn around the fortunes of the sector.
“However, we would need time to look at how the budget to the sector got to be one of the highest beneficiary, where it should be channelled, the implementation, how it should be managed and what it portends to the sector.
“It is only when we study all these details that we would be able to get a better view of how this would transform the system for the advancement of the country’s economy,” he said.
Dr Olubunmi Ajibade, a Senior Lecturer, Department of Mass Communication, University of Lagos, said the budget, if approved, would be one of the best things that had happened to the sector in recent times.
“We have been advocating crucial funding of the sector because that is the only way to restore its glory.
“There is no way we can talk about national development without sound education.
Director, Centre for Environment and Science Education, at the university, Mr Ademola Onifade, told newsmen that the “jumbo allocation’’ would improve the standard of education in the country.
For Head of Department, Mass Communication Department, Lagos State Polytechnic, Ikorodu, Mr Ifedayo Daramola, the allocation to the education sector was a demonstration of the interest the president had in developing the country’s education.
“Definitely, it will bring a lot of improvement to the sector. This shows that our president knows the importance of education’’.
In his contribution, Prof. Ayo Fadahunsi, Dean, Faculty of Arts, Olabisi Onabanjo University, Ago-Iwoye, Ogun, said the allocation would enable the government to build more hostels and lecture halls in the nation’s tertiary institutions.
A member of the Lagos State House of Assembly, Mrs Adebimpe Akinsola, also lauded Jonathan for the initiative, saying the funds would help to improve infrastructure in the institutions.
Similarly, some financial experts yesterday said that the 2013 budget would impact positively on the financial sector if well implemented.
They told newsmen in separate interviews in Lagos that proper execution of the 2013 budget would impact on all aspects of the national economy.
Managing Director of Boaz Management and Financial Strategies, Mr Oluwole Ibikunle, said that the capital and recurrent expenditure estimates in the 2013 budget proposal were better than those of 2012.
“ If the N1.54 trillion allocated for capital projects can be judiciously used, more industries will be established and hence, more job opportunities for our youths,“ he said.
Ibikunle said that although the 75 dollars per barrel crude oil price benchmark was commendable, government should be careful of the sudden changes in international oil price.
General Manager, Capital Trust Broker Ltd., Mr Abiodun Omojokun,, said that the 2013 budget should focus on improving the Human Development Index.
General Manager, Apt Securities and Funds Ltd., Mr Peter Kanayo, said that there was the need for the private-public sector collaboration to make a success of the 2013 fiscal proposal.
Kanayo also said that full implementation of the proposed budget estimate would restore confidence of foreign investors in the economy.
He commended the Federal Government for planning to invest more in the educational sector than before.
“The ailing educational system has made so many Nigerians to take their children aboard to study to the detriment of our own educational development, “ he said.
News
Tinubu Orders Fresh Push To Crash Food Prices

President Bola Tinubu has ordered a Federal Executive Council committee to move swiftly on measures to further reduce food prices across the country.
The Minister of State for Agriculture and Food Security, Senator Aliyu Sabi Abdullahi, disclosed this in Abuja, on Wednesday.
According to him, the directive focuses on ensuring safe passage of farm produce across transport routes to cut logistics costs.
“The President has given a matching order with a Federal Executive Council committee already handling it on how we are going to promote safe passage of agricultural foods and commodities across our various routes in the country,” Abdullahi said at a capacity-building workshop for Senate correspondents.
0:0
Nigeria, Africa’s most populous nation, has faced worsening food insecurity since the removal of fuel subsidy, high transport costs, and insecurity on major highways disrupted the movement of goods.
Despite government interventions, food remains largely unaffordable for millions.
The minister said the plan is tied to Tinubu’s broader vision of food sovereignty—beyond availability to ensure affordability, accessibility, and nutrition on a sustainable basis.
To back this up, he revealed that government is set to roll out a Farmer Soil Health Scheme to boost productivity and a revamped cooperative reform initiative to mobilise resources and empower rural farmers.
“Mr. President has shown tremendous interest in the cooperative sector as a veritable tool for resource mobilisation, for economic activity generation, and to improve the livelihood of members,” Abdullahi added.
The event, with the theme, “Parliamentary Reporting: Issues, Challenges and Responsibilities,” also featured Senate Media Committee Chairman, Senator Yemi Adaramodu; ex-presidential aide, Senator Ita Solomon Enang; and NILDS DG, Prof. Abubakar Sulaiman.
News
Umahi Threatens Defaulting Contractors With EFCC Arrest

The Federal Government has warned contractors, including foreign firms, that any breach of regulations in road projects awarded to them may lead to arrest by the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission.
The Minister of Works, David Umahi, issued the warning during an inspection of the ongoing dualisation of the East-West Road (Section IIIA) from Eleme Junction to Onne Port Junction in Rivers State.
The section is being executed by Reynolds Construction Company (Nigeria) Limited.
Responding to questions from journalists, Umahi commended the quality of work on the project but expressed displeasure over the slow pace, stressing that the December completion deadline remains sacrosanct.
On the project, he said:“The quality of the work is excellent, but the pace of work is totally unacceptable. Let me make it very clear to the contractor that this project will neither be reviewed nor varied in price or claims.
“I’m sure we have issued over 10 warning letters to them. If they fail to comply with the completion deadline of December 15, we will not extend it.”
He added that the ministry had already put measures in place to enforce compliance
“The comptroller has negative certificates to issue, and I will recover the money from any of their other projects. All those letters are on record, and when the time comes, they will be invoked. Any contractor who refuses to abide by regulations will have the EFCC and ICPC to contend with,” he said.
Umahi further disclosed that the Federal Government had directed that road projects valued below N20bn would no longer be awarded to expatriate companies, in line with its “Nigeria First” policy aimed at strengthening indigenous capacity in the construction sector.
“This is part of the Nigeria First policy of the Federal Government. Henceforth, no expatriate firm will be awarded any project valued below N20bn. Such projects must go to indigenous companies, while expatriates focus on higher-value projects requiring more technical capacity,” he said.
The minister also noted that the Federal Ministry of Works had adopted a funding prioritisation framework to sustain road projects initially financed by the Nigerian National Petroleum Company Limited under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.
He stressed that President Bola Tinubu had directed that none of such projects should be abandoned, adding that priority would be given to critical economic corridors.
Umahi also decried the indiscriminate parking of heavy-duty vehicles on highways, saying it was damaging the pavements of completed sections of the road.
He said letters would be sent to state governors and the Inspector-General of Police to enforce punitive measures against defaulters.
Earlier, the Federal Controller of Works in Rivers State, Mrs Enwereama Tarilade, said RCC had completed 15km of the right carriageway and commenced work on the left carriageway, with one kilometre already laid in Continuously Reinforced Concrete Pavement.
News
We’ll Support Federal University Environment And Technology – Ibas

The Rivers State Government says it will ensure the smooth and successful takeoff of the newly established Federal University of Environment and Technology (FUET), in Ogoniland.
This commitment was made yesterday by the Administrator of Rivers State, Retired Admiral Ibok-Ete Ibas (Rtd), during a courtesy visit by the university’s Governing Council and Management team at the Government House, in Port Harcourt.
The high-level delegation was led by the Pro-Chancellor and Chairman of the Council, Professor Don Baridam and the Vice-Chancellor, Professor Chinedu Mmom.
In his address, Administrator Ibas warmly congratulated the pioneer council and management on their appointments, describing their task as both a recognition of individual accomplishment and a historic call to duty.
“This is not just a recognition of your personal achievements but also a call to history to shape an institution that will have a profound impact on Rivers State, the Niger Delta, and indeed our country,” he stated.
The Administrator commended President Bola Ahmed Tinubu for the establishment of the specialized university in Ogoniland, describing the initiative as “timely and strategic.”
He emphasized that the university’s presence offers a critical opportunity to drive research, innovation, and community-focused solutions to the region’s pressing environmental and developmental challenges.
He further noted that the university’s core focus aligns perfectly with the priorities of his administration.“We consider this university not merely as another institution of higher learning but as a strategic partner in our collective effort to rebuild Rivers State under the ongoing state of emergency and beyond,” he affirmed.
Responding to specific requests presented by the delegation, Administrator Ibas assured the university of immediate support in critical areas essential for the its commencement.
These include the provision of operational vehicles, key facilities, and the completion of the access road to the campus, adding that other vital needs, such as perimeter fencing, refuse disposal, and the issuance of a Certificate of Occupancy, would be addressed within the framework of the state’s broader infrastructure and support programmes.
To ensure swift action, the Administrator directed the Secretary to the State Government (SSG) to work closely with the university’s Governing Council to prioritize the sequence of requests, particularly those tied to the commencement of academic activities in September 2025.
“Let me assure you that Rivers State Government will stand as a dependable partner to the Federal University of Environment and Technology. We see this university as part of our long-term investment in knowledge, innovation, and the future of our youths,” he emphasized.
In his remarks, the Pro-Chancellor and Chairman of the Governing Council, Professor Don Baridam, reaffirmed the university’s commitment to academic excellence, innovation, and community development.
He disclosed that the Federal Government has directed the institution to formally commence its academic session in September 2025, adding that preparations are in full swing to ensure a smooth take-off with adequate infrastructure and resources in place.
“Today’s meeting marks the beginning of a strategic partnership between the Rivers State Government and FUET, envisioned to establish the university as a premier hub for research, innovation, and sustainable development in the Niger Delta”, he said.